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Signal Gold Inc. T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is focused on gold mining, development, and exploration company in the top-tier Canadian mining jurisdictions of Nova Scotia & Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study. Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Comment by speckyon Apr 22, 2024 5:32pm
527 Views
Post# 36002175

RE:RE:Down the Pub

RE:RE:Down the PubI agree with your common sense logic GoldNhill. For the cost of moving the mill and refurbishing compared to building from scratch it's a logical  consideration for all involved. Giving up a portion of the ownership would be less dilution for existing signal shareholders, less debt to pay back and The used idol mill would be generating big profits, for everyone to share in sooner ! Win win for everyone. 
  I do hope other offers come forward to give some leverage to Signal management as it can be worth big money but only if someone with the money wants it. 
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